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Q.3Following details are furnished by M. Ltd. of expenses incurred during the year ended 31st March, 152016.PARTICULARSRs. PARTICULARSRs.Direct Material2,40,000 Dividend paid7,800Opening Stock of F.G. (1,000 units) 85,250 Closing Stock of F.G. (2000 units)?Depreciation on P&M96,000 Direct wages3,60,000Loss on sale of Machinery17,500 Advertisement1,85,250Trade Fair Expenses85,500 Depreciation on computers1,72,000Direct Expense1,60,000 Drawing and designing expenses 54,000General Manager's Salary3,80,000 Purchase of Machinery1,90,000Depreciation on Delivery Van 1,14,000 Factory Rent1,50,000Office Maintenance charges1.88,000 Sales (19,000 units)22,80,000Closing stock of Finished goods to be valued at cost of production. You are required to prepare Costsheet showing various elements of cost both in total and per unit and also find out total Profit andper unit profit.XH6 |
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Answer» Can you imagine a world WITHOUT merchants, where we are left to our own devices to acquire goods and services without middlemen? Sounds LIKE a harsh place to be. The sale and trade of goods DEFINES MUCH of the development and history of the world.
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